It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Read this link on how the FRB is organised, (actually written by G. Thomas Woodward) and is in support of the FRB and often quoted. I find it either naive or simplistic in its outcome, you can do whatever you want with it.
They regulate the money supply, interest rates, sell and buy bonds to help control the money supply. ect....
Originally posted by blood0fheroes
I think with this, as with all action Ron Paul takes on the Fed, is the one area where he has ulterior motives.
This proposal would be a win/win for him. Should the Fed do this, it's a win by means of having 1.6 trillion less debt. Should it be mandated that the Fed does this, and they refuse - it will prove to many people that they are, in fact, a private bank.....and an organization that does not work for the people's interests
This is, in my opinion, what he has been working for for a few years now.......to kill the bank.
Originally posted by type0civ
reply to post by gorgi
They regulate the money supply, interest rates, sell and buy bonds to help control the money supply. ect....
Looks like you read their mission statement. Way to go. So your logic is if your president creates more agencies we'll be better off. You do know your paycheck will go down, right? To pay his or her salary.
The Money Order For Gold
The Democracy on April 5, 1933 issued an Executive Order removing the gold
from circulation as a currency. This Executive Order served the same function as a
money order to the United States People for the purchase of all the gold in society. Gold
is substance and was used in the "payment of debt." When the President wrote the
money order for all of the gold to be taken out of the system and placed with the
government, the government then removed the people's ability to "pay a debt" because
they didn't have any money to pay with. The golden rule is usually summed up in "HE
who has the gold makes the rules", well sounds mosaic to Me. Here is another part of
the golden rule they don't tell you about "He who has the gold pays the bills." They got
the money; they make the payments. The government then became indebted to the
people to pay all of the debts because the government was holding all of the money.
You ever heard the phrase "All money is loaned into existence", well that is right
because they are borrowing it from Me. The money order debited the people by
removing the gold from their possession, which in turn credited the United States
Government with all of the newly held gold in their possession. This exchange is
halfway completed because the gold was taken from the people and nothing had yet
been returned. The people now need something in this exchange to balance out the
ledger and re-credit their original holdings. To complete the exchange, the United States
Government debited them selves with a promissory note (the promise of Abraham),
which in return re-credited the people. This was the executing order from the President
killing the legal capacity of the Government to control the people. The government was
then dead/debt (phonetically it sounds similar). Here is another interesting part. The
debtor always has the money because he is the one borrowing it, so when the President
wrote the money order which took the gold, they became the borrower/debtor, and that
is why there is a Public Debt, it is because they are borrowing the money from Us, the
Owner. What must happen now is the debt must be redeemed back to the original
owner. Here is the Executive Order (money order) that killed the government and made
them the ones liable for every debt they associate to. When you see "Executive" think,
"execute" and when you see "order," think "money order."
Because all the money was taken away in an executive order (money order), the
President is holding all the money that can pay the bills. Here is an example. A national
emergency occurs and an executive order is issued and money can now be sent to the
victims. Another example is when Mexico got money from the U.S. The Congress said
no but then the President by executive order, then sent the money. Another example is
when the prisons are running out of money, an executive order can be issued and now
the prisons get all the funding the need.
Originally posted by Stovokor
I'll say it again...as an independent and far FAR left social liberal...I'd vote for Ron Paul in a Heartbeat! What I like about his ideas he can do with Power of the Executive, what i don't like about him would take congressional approval...but I'm ready for someone who *seems to be* cut from a different cloth than the rest of these corporatist we have the choice of.
Originally posted by gorgi
Originally posted by vkturbo
reply to post by ModernAcademia
Pretty sure if you return to gold standard that wont do any good what so ever the same thing that happened in the past will happen again all gold will be bought out of the country then what do you do a currency to?
The gold standard is a bad idea. It worked ages ago but the wold has changed and we no longer need it. Infact bringing it back would harm our economy
Why We Left The Gold Standard
But in 1931, the system began to unravel in the most powerful country in the world: England. When the Great Depression hit, the people in England panicked, and started trading in their paper money for gold. It got to the point where the Bank of England was in danger of running out of gold.
Originally posted by gorgi
No I just know economics and know what they do.
If they take more out of my taxes, I am gonna get more services for it. I am fine with that. I pay taxes for all kinds of stuff. Roads, police, military ect... Nothing new or surprising.
The way you put it and make it sound is that you hate taxes and the government.
Originally posted by Fury1984
Originally posted by gorgi
No I just know economics and know what they do.
If they take more out of my taxes, I am gonna get more services for it. I am fine with that. I pay taxes for all kinds of stuff. Roads, police, military ect... Nothing new or surprising.
The way you put it and make it sound is that you hate taxes and the government.
I'm honestly not trying to pick on you.
Do you think the majority of taxes should be collected at the state level, since that's where most of these services are provided? Does it make sense to have a middleman (the Federal government) collect the bulk of taxes, then redistribute to the States? Wouldn't the States be able to better manage the services (infrastructure, schools, police, disaster relief, etc.) than the Federal government, since the States know the needs of the people?
Do you prefer central planning? If so, why?